Austria: Market for Parts Of Apparatus Of Hs 2024

Market Size for Parts Of Apparatus Of Hs in Austria

The Austrian market for parts of apparatus of hs reduced to $X in 2021, with a decrease of -9.8% against the previous year. In general, the total consumption indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +29.3% against 2019 indices. As a result, consumption attained the peak level of $X, and then contracted in the following year.

Production of Parts Of Apparatus Of Hs in Austria

In value terms, parts of apparatus of hs production contracted dramatically to $X in 2021 estimated in export price. In general, production showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 148% against the previous year. Parts of apparatus of hs production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Parts Of Apparatus Of Hs

Exports from Austria

In 2021, shipments abroad of parts of apparatus of hs increased by 31% to X units, rising for the second year in a row after five years of decline. Over the period under review, exports posted resilient growth. The growth pace was the most rapid in 2014 when exports increased by 135% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, parts of apparatus of hs exports skyrocketed to $X in 2021. In general, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 43%. The exports peaked in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Slovakia (X units), Germany (X units) and the UK (X units) were the main destinations of parts of apparatus of hs exports from Austria, with a combined 63% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +42.3%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Slovakia ($X) and Italy ($X) were the largest markets for parts of apparatus of hs exported from Austria worldwide, with a combined 54% share of total exports.

Slovakia, with a CAGR of +45.6%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for parts of apparatus of hs stood at $X per unit in 2021, rising by 6.7% against the previous year. In general, the export price, however, saw a deep setback. The most prominent rate of growth was recorded in 2017 an increase of 21% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Slovenia ($X per unit), while the average price for exports to the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Parts Of Apparatus Of Hs

Imports into Austria

In 2021, parts of apparatus of hs imports into Austria was estimated at X units, with an increase of 7.5% against 2020 figures. The total import volume increased at an average annual rate of +2.3% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 16%. Over the period under review, imports attained the peak figure in 2021 and are likely to continue growth in the near future.

In value terms, parts of apparatus of hs imports expanded remarkably to $X in 2021. In general, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +7.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +49.3% against 2013 indices. The most prominent rate of growth was recorded in 2013 with an increase of 32%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the near future.

Imports by Country

Germany (X units), China (X units) and the Netherlands (X units) were the main suppliers of parts of apparatus of hs imports to Austria, together accounting for 63% of total imports. These countries were followed by Poland, Belgium, Italy, Sweden, the Czech Republic, Hungary, France, the UK and Ireland, which together accounted for a further 30%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +59.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of parts of apparatus of hs to Austria, comprising 31% of total imports. The second position in the ranking was taken by China ($X), with a 12% share of total imports. It was followed by the Czech Republic, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +10.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-3.7% per year) and the Czech Republic (+47.5% per year).

Import Prices by Country

In 2021, the average import price for parts of apparatus of hs amounted to $X per unit, picking up by 4.3% against the previous year. Overall, import price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, parts of apparatus of hs import price increased by +66.0% against 2014 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 18% against the previous year. Over the period under review, average import prices reached the maximum in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was the Czech Republic ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :